Standard Life Assurance Company v Revenue and Customs: VDT 28 Sep 2007

VDT Input Tax – attribution – company making exempt taxable and foreign supplies – partial exemption special method – voluntary disclosure – method in form of a written direction – interpretation – whether interpretation subject to an overriding consideration of a ‘fair and reasonable recovery’ – No – whether the agreed method stands until altered – Yes – whether repayment due – Yes. VAT Regulations 1995; 101-3 VAT (Input Tax) (Specified Supplies) Order 1999.

Citations:

[2007] UKVAT V20355

Links:

Bailii

VAT

Updated: 12 July 2022; Ref: scu.262464